Crypto Analysts Predict Bullish Phase for Bitcoin and Ethereum Amidst Price Surges.
TL;DR Summary
Analyst Dave the Wave suggests that Bitcoin is entering a new bullish phase as long-term indicators turn green, including the weekly moving average convergence divergence (MACD). He also proposes that Bitcoin's price performance should be measured against gold rather than the US dollar, and predicts that BTC could reach the same market cap as gold, implying a 22x price increase. At the time of writing, Bitcoin is trading mostly sideways at $27,727.
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